Meituan Founder Invests in AI Startup “Beyond Light Years”

03/08/2023 08:35 • Tech Ticker • 135 views

On March 8, Wang Xing, the founder of Meituan, said in a circle of friends that Wang Xing would personally participate in the A-round investment of Wang Huiwen’s start-up company “beyond light years” and serve as a director. Wang Xing said in his circle of friends, “The AI model makes me both excited about the huge productivity that will be created and worried about its impact on the whole world in the future. Lao Wang and I have been on the road of entrepreneurship for nearly 20 years. Since he is determined to embrace this big wave, I must support it.” According to public reports, Wang Huiwen announced the establishment of Beijing Guangnian Beyond Technology Co., Ltd. in February this year, with a contribution of 50 million dollars and a valuation of 200 million dollars, Own funds account for 25% of the shares. Wang Huiwen once said on the social platform that “China OpenAI should be built”.

Wang Xing will personally participate in Wang Huiwen" Light years away" Round A investment and director

Analysis based on this information:

On March 8th, Wang Xing, the founder of Meituan, announced on his circle of friends that he would personally invest in “beyond light years,” a startup company founded by Wang Huiwen. He will also serve as a director. The company, established in February with a contribution of 50 million dollars and a valuation of 200 million dollars, aims to bring advancements in artificial intelligence (AI) technology.

Wang Xing expressed his excitement over the potential productivity to be generated by AI models, but also shared his worries over its impact on the world. This remark reveals that the Meituan founder has a deep understanding of the role that technology plays in society. He recognizes that while advancements in AI have the potential to drive growth and revolutionize various industries, the consequences of these advancements also need to be considered.

Wang and Wang have been on the entrepreneurship road for almost two decades, and their close relationship may have influenced Wang Xing’s choice to invest in “beyond light years.” He emphasized the importance of supporting entrepreneurship and stated that he must support Wang Huiwen’s determination to embrace the AI trend. This move shows Wang Xing’s eagerness to advance AI and his trust in Wang Huiwen’s vision for the future of AI.

Furthermore, Wang Huiwen’s statement that “China OpenAI should be built” indicates that she has high aspirations for her startup. The concept of OpenAI aims to share generative models and other AI tools freely, with a focus on creating safer AI for the benefit of humanity. This suggests that beyond light years may have a similar goal in mind. Utilizing their technology to benefit society and maintain ethical standards may be their ultimate aim.

In conclusion, the Meituan founder’s investment in “beyond light years” signifies his confidence in the potential of AI and his belief in Wang Huiwen’s leadership. By investing in “beyond light years,” Wang Xing is not only helping to advance AI development but also promoting the ethical implications of AI, which is an essential aspect of technology advancement in the modern age.

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Meituan Founder Invests in AI Startup “Beyond Light Years”

Wang Xing will personally participate in Wang Huiwen" Light years away" Round A investment and director

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